Following the success of the pilot challenge in 2018, the FCA has announced that the application window for the 2021 Green FinTech Challenge is now open.
The Green FinTech Challenge is open to start-ups, incumbents and technology providers that meet the following eligibility criteria:
- In scope: are you looking to deliver innovation to aid the transition to a net zero economy?
- Genuine innovation: is your innovation new or a significantly different offering in the marketplace?
- Consumer benefit: does the innovation offer a good prospect of identifiable benefit to consumers (either directly or through greater competition)?
- Need for support: does your business have a genuine need for Innovate services (Direct Support, Advice Unit, the regulatory sandbox)?
The deadline for applications is 15 November 2021 and successful applicants will be notified in early 2022.